A company has agreed to pay $4.1 million in 8 years to settle a lawsuit. How much must it invest in an account paying 5% annual interest compounded monthly to have that amount when it is due? What is the interest rate per period? i= (Type an integer or decimal rounded to four decimal places as needed.) The company should invest $ (Do not round until the final answer. Then round to the nearest dollar as needed. Use the answer from the previous step to find this answer.)